![The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.) The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.)](https://cnx.org/resources/087df5afefb6527a87354b970fb080c2a3560dd5/CNX_Econ_C25_026.jpg)
The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.)
![Revision_3 - A Explain how a deflationary gap might occur Deflationary gap is basically the difference between the output level of full employment and | Course Hero Revision_3 - A Explain how a deflationary gap might occur Deflationary gap is basically the difference between the output level of full employment and | Course Hero](https://www.coursehero.com/thumb/88/b0/88b04d7185d29cf7ec33930c3f8dc4a02a28e962_180.jpg)
Revision_3 - A Explain how a deflationary gap might occur Deflationary gap is basically the difference between the output level of full employment and | Course Hero
![Fiscal policy under deflationary gap and long-run stagnation: Reinterpretation of Keynesian multipliers - ScienceDirect Fiscal policy under deflationary gap and long-run stagnation: Reinterpretation of Keynesian multipliers - ScienceDirect](https://ars.els-cdn.com/content/image/1-s2.0-S0264999315002448-gr1.jpg)
Fiscal policy under deflationary gap and long-run stagnation: Reinterpretation of Keynesian multipliers - ScienceDirect
![Distinguish between inflationary gap and deflationary gap. Can deflationary gap exist at equilibrium level of income? from Economics Determination of Income and Employment Class 12 CBSE Distinguish between inflationary gap and deflationary gap. Can deflationary gap exist at equilibrium level of income? from Economics Determination of Income and Employment Class 12 CBSE](https://www.zigya.com/application/zrc/images/qvar/ECEN12051399-1.png)